| VARE Stock | | | 18.00 0.00 0.00% |
Various Eateries financial indicator trend analysis is much more than just breaking down Various Eateries PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Various Eateries PLC is a good investment. Please check the relationship between Various Eateries Retained Earnings and its Total Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Various Eateries PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Retained Earnings vs Total Assets
Retained Earnings vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Various Eateries PLC Retained Earnings account and
Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Various Eateries' Retained Earnings and Total Assets is -0.34. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of Various Eateries PLC, assuming nothing else is changed. The correlation between historical values of Various Eateries' Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Various Eateries PLC are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Various Eateries' Retained Earnings and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.34 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Total Assets
Total assets refers to the total amount of Various Eateries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Various Eateries PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Various Eateries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Various Eateries PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Various Eateries PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Various Eateries fundamental ratios Correlations
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Various Eateries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Various Eateries fundamental ratios Accounts
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When running Various Eateries' price analysis, check to
measure Various Eateries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Various Eateries is operating at the current time. Most of Various Eateries' value examination focuses on studying past and present price action to
predict the probability of Various Eateries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Various Eateries' price. Additionally, you may evaluate how the addition of Various Eateries to your portfolios can decrease your overall portfolio volatility.